Longevity gap and public pensions: a minimal model
András Simonovits ()
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András Simonovits: ELKH KRTK KTI, BME MI, Budapest, Tóth Kálmán u 4, 1097, Hungary
No 2130, CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies
Abstract:
The strong and increasing positive correlation between lifetime income and life expectancy (the longevity gap) has recently been widely studied. In this paper we employ the simplest, minimal model to demonstrate the impact of this long-neglected fact on the various types of public pension systems, especially on the issue of progressivity and neutrality.
Keywords: social security; public finance; income-dependent life expectation; longevity gap (search for similar items in EconPapers)
JEL-codes: D10 H55 I38 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2021-07
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:has:discpr:2130
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